WealthTech

Bank of Israel opens consultation on potential digital shekel

The Bank of Israel has opened a public consultation on the potential issuance of a digital shekel.

CloudWalk rakes in $190m Series B to bolster domestic presence

Brazilian payment technology firm CloudWalk has raised $190m from a Series B funding round.

Why Wealthsimple and CyberTech success stories stood out among the 25 FinTech rounds raised...

CyberTech ventures, Deadpool-backed enterprises, and InsurTech startups are among the big winners of the 25 FinTech funding rounds reported last week.

Novus to launch beta banking app as it prepares for summer roll-out

UK-based banking company Novus is due to launch its beta banking app in the coming weeks before introducing the product to the wider public in summer 2021.

Crypto unicorn Bitpanda extends its Series B round with an additional €10m

Austria-based FinTech unicorn Bitpanda raised an additional €10m as an extension of its Series B round of funding after its €142.5m round earlier in March this year.

Germany-based Upvest collects €4m in funding

Berlin-based Upvest, which has built an investment API, has collected €4m in funding from ABN AMRO Ventures.

Forge Global nets $150m as it receives FINRA approval

Forge Global, a private securities marketplace, has netted $150m in funding, alongside getting approval from FINRA to operate as a single broker dealer.

CoreChain reels in $1.25m pre-seed to expand network offering

Business-to-business (B2B) payments network CoreChain Technologies has secured $1.25m from a pre-seed funding round.

AI chatbot developer Ada joins the unicorn club after Series C close

Automated customer experience software developer Ada has netted $130m in its Series C round, which puts its valuation at $1.2bn.

TeamApt secures Series B to support more unbanked in Nigeria

TeamApt, which provides financial services to the underserved market in Africa, has closed its Series B round to help support more consumers in Nigeria.

News Stories

Slow week for FinTech with $557m raised across 16 deals

Slow week for FinTech with $557m raised across 16 deals

The UK leads the way in a slow week for FinTech, with just 16 deals completed globally and a total of $557.5m raised.  In a...
Glia introduces online calculator for benchmarking customer interactions in finance

Glia introduces online calculator for benchmarking customer interactions in finance

Glia, a pioneering force in customer interaction technology, has unveiled its latest innovation—the Unified Interactions Index Online Calculator.
TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer lands $50m boost to pioneer pay-by-bank innovation in Europe

TrueLayer, recognised as Europe's premier pay-by-bank network, has recently completed a significant fundraising milestone by securing an additional $50m.
Standard Life and Raindrop launch revolutionary free pension tracing service

Standard Life and Raindrop launch revolutionary free pension tracing service

Paysend, a pioneering UK-based FinTech company, has launched a new remittance solution, Paysend Libre, aimed at bolstering financial inclusion across Northern Central America.
WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW bolsters UK wealth management influence with strategic stake in Atomos

WTW has announced its acquisition of a stake in Atomos, a prominent, advice-led wealth manager operating in the UK.

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